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Using T accounts enter the opening balances at July 31, post the August jornal entries to the general ledger and determine the ending balances in

Using T accounts enter the opening balances at July 31, post the August jornal entries to the general ledger and determine the ending balances in each account
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Crane Ltd. had the following opening account balances at July 31: Cash $3,000; Accounts Receivable $1,000; Equipment $2,000; Accounts Payable \$2,500; Common Shares $1,000; and Retained Earnings $2,500. Crane's general journal for the month of August is presented here

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